GRP

Who are in the management team of GRP?

As of March 2023, the management team of GRP includes Rajendra V Gandhi (Chairman & Managing Director), Harsh R Gandhi (Joint Managing Director), and several independent directors, along with a Company Secretary and a Whole-time Director, overseeing the company's operations and strategy.

As of March 2023, the management team of GRP includes the following individuals:<BR><BR>1. Rajendra V Gandhi - Chairman & Managing Director<BR>2. Harsh R Gandhi - Joint Managing Director<BR>3. Rajeev M Pandia - Independent Director<BR>4. Saurabh Shah - Independent Director<BR>5. Jyoti Sancheti - Company Secretary & Compliance Officer<BR>6. Vivek Gul Asrani - Independent Director<BR>7. Hemal Gandhi - Whole-time Director<BR>8. Anshul Mittal - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does GRP do?

GRP Ltd produces reclaim rubber from scrap materials and is classified as a Small Cap company with a market cap of Rs 1,574 Cr. For the quarter ending March 2025, it reported net sales of 160 Cr and a net profit of 19 Cr.

Overview: <BR>GRP Ltd is engaged in producing reclaim rubber from scrap materials and operates within the Industrial Products sector, classified as a Small Cap company.<BR><BR>History: <BR>Incorporated in June 1974, GRP Ltd was formerly known as Gujarat Reclaim and Rubber Products Ltd. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 160 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 19 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 1,574 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 50.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 0.32% <BR>Debt-Equity: 0.75 <BR>Return on Equity: 16.03% <BR>Price to Book: 8.07<BR><BR>Contact Details: <BR>Address: Plot No 8 GIDC Estate, Ankleshwar Bharuch Gujarat : 393002 <BR>Tel: 91-2646-251204/250471 <BR>Email: investor.relations@grpweb.com <BR>Website: http://www.grrpl.com; www.grpweb.com

What is the bonus history of the GRP?

The bonus history of GRP includes a recent 3:1 bonus issue, with an ex-date of August 12, 2024, allowing shareholders to receive three new shares for every one share held as of that date.

The bonus history of GRP includes a recent announcement of a 3:1 bonus issue. The ex-date for this bonus is set for August 12, 2024. This means that shareholders will receive three new shares for every one share they currently hold as of that date.

Has GRP declared dividend?

GRP Ltd has declared a 375% dividend, amounting to 37.5 per share, with an ex-date of July 26, 2024. The company has shown strong total returns over various periods, including a remarkable 1876.32% total return over the last five years.

GRP Ltd has declared a 375% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 375%<BR>- Amount per share: 37.5<BR>- Ex-date: 26 Jul 24<BR><BR>Dividend Yield: 0.32%<BR><BR>Total Returns by Period:<BR>In the last 6 months, GRP Ltd experienced a price return of -4.41%, with no dividend return, resulting in a total return of -4.41%.<BR><BR>Over the past year, the company achieved a price return of 26.29% and a dividend return of 1.47%, leading to a total return of 27.76%.<BR><BR>In the two-year period, GRP Ltd saw a remarkable price return of 206.51% along with a dividend return of 5.80%, culminating in a total return of 212.31%.<BR><BR>For the three-year duration, the price return soared to 797.95%, while the dividend return was 19.85%, resulting in a total return of 817.8%.<BR><BR>In the four-year span, GRP Ltd recorded a price return of 1007.69% and a dividend return of 26.94%, achieving a total return of 1034.63%.<BR><BR>Over the last five years, the company experienced an extraordinary price return of 1835.74% and a dividend return of 40.58%, leading to a total return of 1876.32%.<BR><BR>Overall, GRP Ltd has declared a substantial dividend, and the total returns over various periods indicate strong performance, particularly in price returns, suggesting a robust growth trajectory for the company.

Who are the peers of the GRP?

GRP's peers include Timken India, SKF India, Grindwell Norton, Carborundum Uni., and others. GRP has the highest 1-year return at 27.02%, while its capital structure is rated Below Average compared to its peers.

Peers: The peers of GRP are Timken India, SKF India, Grindwell Norton, Carborundum Uni., Borosil Renew., Borosil Scienti., Sejal Glass, Rubfila Intl., Harri. Malayalam, and Elgi Rubber Co.<BR><BR>Quality Snapshot: Excellent management risk is observed at SKF India, while Good management risk is found at Timken India, Grindwell Norton, Carborundum Uni., and Rubfila Intl., and the rest have Below Average or Average management risk. Growth ratings show that GRP has Good growth, while Sejal Glass has Excellent growth, and the rest have Below Average growth. In terms of Capital Structure, Excellent ratings are seen at Timken India, SKF India, Grindwell Norton, Carborundum Uni., and Rubfila Intl., while GRP has Below Average capital structure, and the rest have Average or Below Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is GRP at 27.02%, while the peer with the lowest is Carborundum Uni. at -40.74%. GRP's 1-year return is significantly higher than all its peers. Additionally, the peers with negative six-month returns include Grindwell Norton, Carborundum Uni., and Elgi Rubber Co.

Who are the top shareholders of the GRP?

The top shareholders of GRP include Nayna Rajendra Gandhi with 4.09%, Meera Philip as the highest public shareholder at 6.12%, and individual investors holding 45.28%. There are also four foreign institutional investors with a combined 0.05% and no pledged promoter holdings reported.

The top shareholders of GRP include Nayna Rajendra Gandhi, who is the promoter with the highest holding at 4.09%. The highest public shareholder is Meera Philip, holding 6.12%. Additionally, individual investors collectively hold 45.28% of the shares. There are also four foreign institutional investors (FIIs) with a combined holding of 0.05%, and one mutual fund scheme that holds 0.0%. Notably, there are no pledged promoter holdings reported.

How big is GRP?

As of 24th July, GRP Ltd has a market capitalization of 1,360.00 Cr, with recent net sales of 550.45 Cr and a net profit of 30.71 Cr. Shareholder's funds are 191.63 Cr, and total assets amount to 411.98 Cr.

As of 24th July, GRP Ltd has a market capitalization of 1,360.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, GRP Ltd reported Net Sales of 550.45 Cr and a Net Profit of 30.71 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 191.63 Cr and Total Assets totaling 411.98 Cr.

When is the next results date for GRP?

The next results date for GRP is 13 November 2025.

The next results date for GRP is scheduled for 13 November 2025.

How has been the historical performance of GRP?

GRP has shown consistent growth in net sales and profitability, with net sales increasing from 388.42 Cr in Mar'22 to 550.45 Cr in Mar'25, and profit after tax rising from 5.76 Cr to 30.70 Cr during the same period. Key metrics indicate enhanced operational efficiency and a strong upward trend in financial performance.

Answer:<BR>The historical performance of GRP shows a consistent growth trajectory in net sales and profitability over the past several years.<BR><BR>Breakdown:<BR>GRP's net sales have increased from 388.42 Cr in Mar'22 to 550.45 Cr in Mar'25, reflecting a strong upward trend. Total operating income has followed a similar pattern, rising from 388.42 Cr in Mar'22 to 550.45 Cr in Mar'25. The company's total expenditure, excluding depreciation, has also grown, reaching 482.38 Cr in Mar'25 from 365.22 Cr in Mar'22. Operating profit, excluding other income, has improved significantly, from 23.20 Cr in Mar'22 to 68.07 Cr in Mar'25, indicating enhanced operational efficiency. Profit before tax has surged from 7.44 Cr in Mar'22 to 42.93 Cr in Mar'25, while profit after tax has increased from 5.76 Cr to 30.70 Cr in the same period. The company's total assets have expanded from 295.75 Cr in Mar'22 to 411.98 Cr in Mar'25, and total liabilities have also risen from 295.75 Cr to 411.98 Cr. Cash flow from operating activities has shown improvement, increasing from 1.00 Cr in Mar'22 to 44.00 Cr in Mar'25, while net cash inflow has turned positive, reaching 1.00 Cr in Mar'25. Overall, GRP's financial performance demonstrates a robust growth trend across key metrics.

Should I buy, sell or hold GRP?

Is GRP overvalued or undervalued?

As of December 2, 2025, GRP is fairly valued with a PE ratio of 35.83 and an EV to EBITDA of 17.66, despite a year-to-date return of -43.26%, indicating it is not overvalued compared to peers like Apcotex Industries and Cupid.

As of 2 December 2025, the valuation grade for GRP has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 35.83, an EV to EBITDA of 17.66, and a ROE of 15.20%. In comparison, its peer Apcotex Industries, which is also rated as fair, has a lower PE ratio of 30.63 and an EV to EBITDA of 14.97, while Cupid is categorized as very expensive with a PE ratio of 153.64, highlighting the relative valuation of GRP within its industry.<BR><BR>Despite recent underperformance, with a year-to-date return of -43.26% compared to the Sensex's 8.96%, GRP's financial metrics suggest it is not overvalued. The company's PEG ratio stands at 3.10, indicating that growth expectations may be factored into its current valuation. Overall, GRP appears to be fairly valued in the context of its peers and industry standards.

Is GRP technically bullish or bearish?

As of December 2, 2025, GRP's technical trend has shifted to a moderate bearish stance, supported by bearish momentum in the MACD, confirming moving averages, and Bollinger Bands, despite a mildly bullish KST on the weekly chart.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for GRP is bearish with a moderate strength. Key indicators driving this stance include the weekly MACD showing bearish momentum, daily moving averages confirming a bearish trend, and Bollinger Bands indicating bearish conditions on both weekly and monthly time frames. Additionally, the Dow Theory reflects a mildly bearish outlook on both weekly and monthly charts. Despite the KST showing mildly bullish on a weekly basis, the overall sentiment remains bearish due to the prevailing indicators.

Are GRP Ltd latest results good or bad?

GRP Ltd's latest results are largely negative, with a 21.91% decline in net profit year-on-year to ₹1.96 crores and a troubling 43.07% drop in the first half of FY26, despite modest revenue growth. Investors should be cautious due to rising interest costs and a deteriorating return on equity.

The latest results for GRP Ltd indicate a mixed performance, but overall, they lean towards the negative side. In Q3 FY26, the company reported a net profit of ₹1.96 crores, which represents a significant decline of 21.91% year-on-year from ₹2.51 crores in Q3 FY25. This decline in net profit is concerning, especially given that the company only achieved a modest revenue growth of 0.54%, reaching ₹132.36 crores.<BR><BR>While there was a sequential improvement in net profit compared to Q2 FY26, where it was ₹1.75 crores, the overall trend shows operational stress. The operating margin improved to 8.02% from 7.45% year-on-year, suggesting some operational efficiency, but this was overshadowed by a decline in the profit after tax (PAT) margin, which fell to 1.48% from 1.91% in the previous year.<BR><BR>Moreover, the first half of FY26 has been particularly troubling, with net profit plummeting 43.07% compared to the same period last year. The rising interest costs and a deteriorating return on equity (ROE) of 10.59%, which is below industry standards, further highlight the challenges the company is facing.<BR><BR>In summary, while GRP Ltd has shown some resilience in terms of revenue, the significant drop in net profit and overall financial pressures suggest that the latest results are not favorable. Investors may need to exercise caution given the current financial trends and the company's elevated valuation metrics.

Why is GRP Ltd falling/rising?

As of 16-Mar, GRP Ltd's stock price is at 1,716.00, down 3.8%, and has significantly underperformed the market with a -35.32% return over the past year. Concerns about the company's financial health, including a high Debt to EBITDA ratio and a 49.63% decrease in profit after tax, contribute to the negative sentiment surrounding the stock.

As of 16-Mar, GRP Ltd's stock price is falling, currently at 1,716.00, which reflects a decrease of 67.8 points or 3.8%. The stock has been underperforming, having lost 4.77% over the last two days and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock opened with a loss of 2.68% today and reached an intraday low of Rs 1,715, marking a decline of 3.86%.<BR><BR>In the broader context, GRP Ltd has underperformed the market significantly over the past year, with a return of -35.32% compared to a positive return of 2.27% for the Sensex. The company's financial health is also a concern, as indicated by a high Debt to EBITDA ratio of 2.56 times, which suggests a low ability to service its debt. Furthermore, the company's profit after tax (PAT) has decreased by 49.63% over the past nine months, while interest expenses have increased by 28.91%. <BR><BR>Despite some positive long-term growth indicators, such as a healthy operating profit growth rate of 115.37% and a fair valuation compared to peers, the overall sentiment remains negative due to the company's high debt levels and poor recent performance. The lack of investment from domestic mutual funds, which hold 0% of the company, further indicates a lack of confidence in the stock's current valuation and business outlook.

Which are the latest news on GRP?